OTCPK:VREYD - Post by User
Comment by
ratsnake220on Sep 29, 2020 4:09pm
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Post# 31636809
RE:Tempted to dump some of my other names
RE:Tempted to dump some of my other namescheadle....my thoughts are yours....you need a base building....and your in a crooked industry with a Government who wants to play politics....to many seats in South West BC....that Skippy Trudeau has to pretend he is a environmentalist......He cant bail out oil.....they already are subsizied by 3.3 billion dollars.....so its a tough sector....and in 6 weeks you start to see tax loss selling.....The only one who believes in a double for these stock is Eric the Great...!.....and his top picks would have put you in bankruptcy from a year ago.....i would move your weight to 20% mid cap oil and 40% in industrials ....i do think things like usa pot stocks will do well with Biden admin....states are bankrupt and need sales tax from cbc......i have a 35% weight in silver and Gold.....i do think with covid back in fall...Torc will be under a dollar but not hit .55 low of last year.....So i am looking for a entry point knowing next 4 months will be brutal for the mid tier producers...60% of canadians want Green power and could not care less about energy stocks
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